NOTE 13 – SEGMENT INFORMATION

6 Months Ended

Feb. 28, 2025

Segment Reporting [Abstract]

NOTE 13 – SEGMENT INFORMATION

NOTE 13 – SEGMENT INFORMATION

The Company reports information about operating segments in accordance with ASC 280-10, Segment Reporting, which requires financial information to be reported based on the way management organizes segments within a company for making operating decisions and evaluating performance. As the result of business strategic changes, the Company has identified two reportable segments: Copyrights and license (“IP’) segment and cinema segment.

The following table presents summary information by segment for the six months ended February 28, 2025 and February 29, 2024, respectively.

	IP Segment				Cinema Segment				Total
	Six months ended				Six months ended				Six months ended
	February 28,  2025		February 29, 2024		February 28, 2025		February 29, 2024		February 28, 2025		February 29, 2024
Revenue	$	1,522,028	$	987,636	$	162,865	$	199,364	$	1,684,893	$	1,187,000
Costs of copyrights sold		730,050		—		—		—		730,050		—
Theatre operating costs		—		—		92,603		104,081		92,603		104,081
Depreciation and Amortization		255,718		1,074,698		—		—		255,718		1,074,698
Interest expense		3,573		20,090		—		—		3,573		20,090
Segment assets		2,768,568		1,756,397		149,953		33,348		2,918,521		1,789,745
Segment income (loss)	$	261,460	$	(597,319)	$	(96,565)	$	146,000	$	164,895	$	(451,319)

The following table presents summary information by segment for the three months ended February 28, 2025 and February 29, 2024, respectively.

	IP Segment				Cinema Segment				Total
	Three months ended				Three months ended				Three months ended
	February 28,  2025		February 29, 2024		February 28, 2025		February 29, 2024		February 28, 2025		February 29, 2024
Revenue	$	973,828	$	273,348	$	84,715	$	111,905	$	1,058,543	$	385,253
Costs of copyrights sold		450,166		—		—		—		450,166		—
Theatre operating costs		—		—		47,643		62,726		47,643		62,726
Depreciation and Amortization		100,519		561,781		—		—		100,519		561,781
Interest expense		1,275		6,848		—		—		1,275		6,848
Segment assets		2,768,568		1,756,397		149,953		33,348		2,918,521		1,789,745
Segment income (loss)	$	260,306	$	(581,175)	$	(45,375)	$	86,256	$	214,931	$	(494,919)

AB INTERNATIONAL GROUP CORP. 

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

(Unaudited)